Managerial Accounting

Please answer each of the following questions in detail. Provide in-text citations and include
examples whenever applicable.
1. Is a variable costing income statement applicable to service operations?
a. If so, provide a hypothetical example of variable costing income statements in a
service operation.
b. Explain your example in detail and provide in-text citations.
2. Explain the difference between variable costing and absorption costing income
statements.
a. Provide a hypothetical income statement in both formats in which the number of
units sold is different from the number of units manufactured.
b. Explain the contrast between the two formats.

the answer has to be 1300-1500 words in APA format with turnitin report

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